looking beyond borders

foreign policy and global economy

China’s Leaders Plan Government Revamp as Xi Set to Take Reins

China’s new leaders will this week consider plans to revamp the central government as part of efforts to streamline bureaucracy and boost an economy that’s recovering from the slowest growth in 13 years.

The Communist Party’s 25-member Politburo endorsed draft reforms that will be discussed by the broader Central Committee on Feb. 26-28, the official Xinhua News Agency reported on Feb. 23 without giving details. The changes will be approved at the annual session of the nation’s legislature next month when Li Keqiang, the party’s No. 2, succeeds Wen Jiabao as premier and General Secretary Xi Jinping takes over from Hu Jintao as president.

Read Here – Bloomberg

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